http://klse.i3investor.com/servlets/staticfile/264264.jsp

TP updated RM1.82

EPS increased 2.71%, NTA increased 12.17%

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4756665

quarterly report:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4747865

http://eresearch.bursamalaysia.com/download.aspx?id=16912&type=research

Net Research target price RM1.6, super cash rich company, cash per share RM0.47!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4739377

Some major holdings:

Kuwait Investment Authority 2.98%
Smallcap World Fund 2.45%
Saudi Arabian Monetary Agency 1.89%
Global Small Capitalization 1.74%
Smaller Companies Portfolio 1.18%
Phillip Capital Management 1.17%
Affin Hwang Select Opportunity fund 1.04%
Baring Pacific Fund 0.96%
Pedder Street Asia Absolute Return Master Fund 0.68%
Deutsche Invest Asian Small Mid Cap 0.67%
Deutsche Global GRowth Fund 0.65%
Deutsche Global Small Cap Fund 0.64%

He's going to present Quarterly report next month, lol

latest annual report:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4736729

Funds holding:

Smallcap World Fund 4.9%
Global Small Capitalization (Am Funds Inssr) 1.74%
Aps Asia Pacific Master Hedge Fund 1.61%
Genesis Asean Opportunities Fund (Gemofplc) 1.47%
Smaller Companies Portfolio (Gemofl) 1.44%
Baring Pacific Fund 1.09%
DWS Invest Asian Small/Mid Cap 0.76%
DWS Global Small Cap Growth Fund 0.68%
DWS Global Thematic Fund 0.65%
Hwang Select Opportunity Fund 0.63%
Pedder Street Asia Absolute Return Master Fund Limited 0.63%
Prusik Asian Smaller Companies Fund Public Limited Company 0.59%
Ashmore Sicav Emerging Markets Global Small-Capequity Fund 0.59%

RHB target price RM2.7

Tons of fund holding Titijaya:

CIMB principal equity fund 2 - 1.95%
Etiqa insurance berhand (growth fund) - 0.71%
RHB-OSK Capital Fund 0.65%
CIMB Islamic Dali Equity Theme Fund 0.56%
CIMB Islamic Equity Aggressive Fund 0.56%
CIMB Principal Balanced Income Fund 0.47%
AMB Smallcap Trust Fund 0.44%
Affin Hwang Select Asia (Ex Japan) Quantum Fund 0.43%
AMB Dana Aqeel (Capital Protected) Series 2 - 0.36%
AMB Unit Trust Fund 0.35%
AMB Ethical Trust Fund 0.34%
Gibraltar BSN Life Berhad (Par Fund) 0.33%

Frankly, I quite disappointed that LBS sold off their treasury shares with such low prices. Their action seems like to imply that LBS shares are worth not more than RM1.62 now… Annoyed by their action, I sold off part of my LBS holding with a net profit of about 3.8% for holding 5 months…. The sad part is, my remaining holding of LBS shares cost me RM1.7 per share…. Slowly waiting LBS to go up to RM1.7x and then I will decide to hold or sell…

Major shareholders:

Dimensional Emerging Markets Value Fund 1.212%
LSV Emerging Markets Equity Fund L.P. 0.609%
Emerging Market Core Equity Portfolio DFA 0.563%
DFA Emerging Markets Small Cap Series 0.53%
State Street London Fund OD77 0.197%

Alliance DBS target price RM1.2

Major shareholders:

Lim Asia Arbitrage Fund Inc. 3.347%
Lim Asia Special Situations Master Fund Limited 1.389%
Greyhound Asia Fund Limited 0.659%
Dimensional Emerging Markets Value Fund 0.648%

Institution holding:

Public Islamic Opportunities Fund 1.163%
RHB-OSK Dana Kidsave 0.741%
Amb Smallcap Trust Fund 0423%
MAAKL Progress Fund 0.401%
RHB-OSK Small Cap Opportunity Unit Trust 0.352%
RHB-OSk growth and Income Focus Trust 0.341%
Kenanga Growth Fund 0.286%
Uni. Asia Life Assurance Berhad (Par Fund) 0.264%
Dimensional Emerging Markets Value Fund 0.26%
DFA Emerging Markets Small Cap series 0.252%
Uni Aggressive Fund 0.247%
Kaf Vision Fund 0.211%

Alliance DBS target Price RM3.55

Institution holding:

public islamic Opportunities Fund 0.99%
Public strategic Smallcap Fund 0.88%
Public Islamic Sector Select Fund 0.87%
Kenanga Growth Fund 0.62%
Ta Islamic Fund 0.6%
Eastspring Investments Dana Al-Ilham 0.49%

MIDF target price RM2.45

Pacific Pearl Fund is holding 0.38%, net research target price is RM0.78

Fund managers' holding:

Public Regular Savings Fund 3.57%
Invesco International Small Company Fund 1.91%
Dimensional Emerging Markets Value Fund 1.13%
Somerset Emerging Markets Small Cap Fund 0.74%
APS Asia Pacific Master Hedge Fund 0.43%

Public bank target price RM4.8

MIDF target price RM2.45

2 funds holding:

Etiqa Insurance Berhad (Balance Fund) 0.88%
Deutsche Trustees Malaysia Berhad for Eastspring Investment Growth Fund 0.5%

boonchow720, u could read the 30 largest shared holders in the bottom part (normally) of annual report.

Hong Leong Consumer Products Sector Fund still holding 1.92%...

It just makes me laugh if someone called themselves experts in stock trading but very afraid of market crashing down, calculated risks, and trying to "time" the up and down of market. Warren buffett does not care how the market overall performing, he looks into individual OUTSTANDING companies, these selected few produce OUTSTANDING financial results, that is enough for him to out beat the overall market in the long run. Utterly foolish for "waiting the market to crash to very low level, so that I able to buy blue chips at very cheap prices", think about this, is this opportunity going to happen soon? This year or next year? Ask yourselves, when is it going to happen? And ask TTB in the coming AGM, lol!

Institution share holders:

CIMB principal equity fund 2 - 3.25%
RHB-OSK capital fund - 1.44%
CIMB principal balanced income fund - 0.52%
Hwang Select Asia (Ex Japan) Opportunity Fund - 0.38%
Kumipa Balanced Fund - 0.33%
RHB-OSK Thematic Growth Fund - 0.28%
CIMB Principal Balanced Fund - 0.28%
Affin Hwang Flexi fundi - 0.27%
CIMB Principal Income Plus Balanced Fund - 0.17%

AmResearch Target Price RM1.4

Compared with FTSE BURSA MALAYSIA KLCI ETF, NAV as 16 Apr 14 is RM1.8811, total dividends of RM0.0285, NAV as 16 Apr 15 is RM1.8967, total return 1 year is 2.34%

Take note of this guys:

Public Bank Group Officers' Retirement Benefits Fund 6.337%
Public Bank Group Officers' Retirement Benefits Fund 3.448%
Dimensional Emerging Markets Value Fund 0.677%
Affin Hwang Aiiman Growth Fund 0.501%
Affin Hwang Growth Fund 0.392%

Investing funds still holding MKH, we must be patient to wait the price rebound.

Take note of this guys:

Lim Asia Arbitrage Fund Inc. 3.537%
Lim Asia Special Situations master Fund Limited 1.472%
Dimensional Emerging Markets Value Fund 0.677%

Investing funds still holding LBS, we must be patient to wait the price rebound.

NAV per share of Icap from 16 Apr 2014 (RM3.11) to 16 Apr 2015 (RM2.94), decrease of 5.78% in one year, so called "one of the top 5 fund manager in the world"...

Come on guys, the following share holding of experts:

RHB-OSK growth and income focus Trust 2.43%
Manulife Investment Progress Fund 2.06%
RHB-OSK small cap opportunity unit trust 0.92%
RHB-OSK Smart Balanced Fund 0.71%
RHB-OSK Emerging Opportunity Unit Trust 0.29%
RHB-OSK Asean Navigator Fund 0.22%
RHB-OSK Smart Income Fund 0.11%

Is this not clear enough?

Now accumulating sign patiently... I bet you able to see the price shoot up in the end of August 2017... Predicted by CIMB, EPS increased by 173% then

不久我有一笔FD到期，也会拿来买，搞不好我会是30个大股东之一

相信CIMB的TP：RM4.23，慢慢来，公司赚钱不必急着卖，我们慢慢累积sign

我不怕，我把一辆全新的Toyota Altis的钱，今天拿来买这个股

Do you guys noticed something? TTB always quote warren buffets to defend his holding of cash... But he forgot to mention that Icap NAV growth (or more correctly, shrinking) is losing to KLCI benchmark (dividends included) lately...

With the launch of the Alila 2, the Juru project, and the Bayan Baru projects, the price will shoot to RM2.09 very fast.

If you think this is under valued, just buy more if it is dropping... You should be happy.

Share buyback by company resumed...

Based on CIMB 15 Feb research report, its EPS is going to increase 173% after 3 years...

Cash per share increased to 21.7 cents

http://klse.i3investor.com/servlets/ptres/28724.jsp#content

TP: RM2.03

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=6114++++

TP: RM4.10

Hunza sure got value la... Or you think they stupid enough to have share purchase back by company up to 10%?

OK, let's do comparison based on JF Apex and RHB research reports. LBS now RM1.54, Matrix RM2.75. Projected FY15, dividend yield LBS RM0.111 (7.21%), Matrix RM0.16 (5.82%). Earning per share, LBS from FY13 RM0.094 to FY15 RM0.17, 81% growth. Matrix from FY13 RM0.33 to FY15 RM0.40, 21% growth.

http://klse.i3investor.com/servlets/ptres/27308.jsp#content

(RHB report for Matrix TP RM3). RHB projected the debt for Matrix will be increased in FY16 (11%), whereas LBS gearing dropping to 5.4% in FY15. More importantly, LBS holding a highly valued gem - zhuhai International Circuit. This gem generating rental cash and capital appreciation. And with the take over of ML Global, I think LBS is a better bet than Matrix (though I must admit Matrix is also a good company to invest in).

That is why they didn't declare dividend for FY2014. Sacrifice short term gain for even better long term gain. Investing in this company really need patience and holding power.

http://eresearch.bursamalaysia.com/download.aspx?id=16473&type=research

latest research report

https://forum.lowyat.net/topic/983076/all

comments from his ex-staffs

TTB acts like Kim Jong Un dictator. If you ever worked under him, you will know no freedom and democracy under him. He acts like superior King, anyone just can't question him. Unlike Warren Buffet, spending 50 or more pages to explain his investing decisions.... Where you find this in TTB annual report? Some more the benchmark KLCI index always taken AFTER DEDUCTED DIVIDEND, unlike Warren Buffet included all S&P dividends throughout the years, HONESTLY. Questionable management style, questionable character, no wonder the share price remaining low throughout these years... Market price already SPOKE OUT LOUDLY.

Unlike Warren Buffet, TTB does not put his net worth into Icap.... Think about this. He really care for Icap share price or not?

Now about 30% gearing (taking note that this is due to the construction of huge shopping mall which will be a very profitable asset in the long term contributing tons of cash every month), 3 years down the road, the gearing could lowered down to 10%, so I think the risks are nothing at all. Projected RM0.104 dividend per share in 2017.

http://www.theedgemarkets.com/my/article/alliancedbs-research-maintains-buy-mkh-cuts-target-rm410